New Delhi, April 22 -- The upcoming India-US Bilateral Trade Agreement (BTA) is expected to become a model for India's future trade negotiations with other developed nations, according to a report by ACMIIL, a stock market company.

The report highlighted that the deal marks a major shift in India's trade strategy, as it aims to use trade as a tool to acquire advanced technologies, speed up industrial growth, and strengthen its position in the global economy.

It said, "Once India-U.S. Bilateral Trade Agreement (BTA) finalised, it will likely set a precedent for future trade negotiations with other developed economies."

The report mentioned that the agreement is closely aligned with India's "Make in India" and "Atmanirbhar Bharat" (self-...